Kelt Historical Balance Sheet

KEL Stock

CAD 6.88 0.19 2.69%

Trend analysis of Kelt Exploration balance sheet accounts such as Total Stockholder Equity of 787.9 M provides information on Kelt Exploration's total assets, liabilities, and equity, which is the actual value of Kelt Exploration to its prevalent stockholders. By breaking down trends over time using Kelt Exploration balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Kelt Exploration latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kelt Exploration is a good buy for the upcoming year.

Kelt Exploration Inventory

2.05 Million

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kelt Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Kelt Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Kelt Exploration at a specified time, usually calculated after every quarter, six months, or one year. Kelt Exploration Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kelt Exploration and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kelt currently owns. An asset can also be divided into two categories, current and non-current.

Kelt Exploration Balance Sheet Chart

At this time, Kelt Exploration's Total Liabilities is very stable compared to the past year. As of the 1st of February 2025, Other Liabilities is likely to grow to about 164.2 M, while Total Assets are likely to drop about 1.1 B.

Total Assets Other Current Liab Total Current Liabilities Property Plant And Equipment Net

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Total Assets

Total assets refers to the total amount of Kelt Exploration assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kelt Exploration books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Kelt Exploration balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kelt Exploration are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most accounts from Kelt Exploration's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Kelt Exploration current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kelt Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2022	2023	2024	2025 (projected)
Other Current Liabilities	3.6M	4.9M	4.5M	4.2M
Total Assets	1.1B	1.3B	1.4B	1.1B

Other Current Liab Total Assets

Kelt Exploration balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Liab	Net Tangible Assets	Net Debt	Cash	Cash And Short Term Investments	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Property Plant And Equipment Gross	Common Stock
Total Assets		-0.52	-0.1	0.97	1.0	-0.41	0.87	1.0	0.5	0.3	0.79	0.89	0.18	0.84	0.62	0.93	0.96	0.66	-0.78	-0.78	0.88	0.78	0.04	-0.05	0.81	0.88
Other Current Liab	-0.52		0.28	-0.61	-0.49	0.41	-0.63	-0.5	-0.09	-0.02	-0.6	-0.61	0.2	-0.21	-0.54	-0.34	-0.44	-0.04	0.32	0.32	-0.52	-0.14	0.4	0.18	-0.52	-0.53
Total Current Liabilities	-0.1	0.28		-0.13	-0.06	0.49	0.09	-0.07	-0.29	-0.31	0.12	-0.15	-0.4	-0.01	-0.39	-0.09	0.05	-0.1	-0.05	-0.05	-0.15	-0.1	-0.38	-0.28	0.22	-0.13
Total Stockholder Equity	0.97	-0.61	-0.13		0.96	-0.48	0.9	0.96	0.34	0.23	0.86	0.95	0.02	0.67	0.71	0.83	0.96	0.46	-0.75	-0.75	0.92	0.59	-0.01	-0.05	0.88	0.92
Property Plant And Equipment Net	1.0	-0.49	-0.06	0.96		-0.39	0.87	1.0	0.51	0.3	0.77	0.88	0.18	0.86	0.57	0.94	0.95	0.68	-0.78	-0.78	0.87	0.79	0.04	-0.09	0.81	0.86
Retained Earnings	-0.41	0.41	0.49	-0.48	-0.39		-0.27	-0.4	0.1	0.02	-0.43	-0.7	-0.07	-0.18	-0.42	-0.37	-0.43	-0.12	0.27	0.27	-0.73	-0.2	0.14	0.03	-0.35	-0.71
Accounts Payable	0.87	-0.63	0.09	0.9	0.87	-0.27		0.87	0.39	0.21	0.84	0.81	-0.08	0.6	0.54	0.75	0.83	0.38	-0.81	-0.81	0.74	0.5	-0.21	-0.21	0.8	0.74
Non Current Assets Total	1.0	-0.5	-0.07	0.96	1.0	-0.4	0.87		0.51	0.3	0.77	0.88	0.19	0.86	0.57	0.94	0.95	0.67	-0.78	-0.78	0.87	0.79	0.03	-0.09	0.81	0.87
Non Currrent Assets Other	0.5	-0.09	-0.29	0.34	0.51	0.1	0.39	0.51		0.56	0.06	0.14	0.68	0.73	0.15	0.61	0.27	0.82	-0.43	-0.43	0.12	0.78	0.29	0.05	-0.01	0.09
Other Assets	0.3	-0.02	-0.31	0.23	0.3	0.02	0.21	0.3	0.56		-0.06	0.12	0.45	0.4	0.2	0.47	0.17	0.44	-0.48	-0.48	0.1	0.44	0.69	0.36	-0.07	0.07
Net Receivables	0.79	-0.6	0.12	0.86	0.77	-0.43	0.84	0.77	0.06	-0.06		0.86	-0.29	0.45	0.68	0.61	0.87	0.24	-0.72	-0.72	0.82	0.36	-0.25	-0.06	0.9	0.83
Common Stock Shares Outstanding	0.89	-0.61	-0.15	0.95	0.88	-0.7	0.81	0.88	0.14	0.12	0.86		-0.03	0.57	0.69	0.76	0.92	0.35	-0.68	-0.68	0.99	0.5	-0.12	-0.05	0.86	0.99
Other Stockholder Equity	0.18	0.2	-0.4	0.02	0.18	-0.07	-0.08	0.19	0.68	0.45	-0.29	-0.03		0.47	0.01	0.37	-0.01	0.6	0.07	0.07	0.0	0.56	0.27	0.16	-0.34	-0.03
Total Liab	0.84	-0.21	-0.01	0.67	0.86	-0.18	0.6	0.86	0.73	0.4	0.45	0.57	0.47		0.3	0.94	0.74	0.93	-0.67	-0.67	0.6	0.98	0.14	-0.04	0.48	0.58
Total Current Assets	0.62	-0.54	-0.39	0.71	0.57	-0.42	0.54	0.57	0.15	0.2	0.68	0.69	0.01	0.3		0.44	0.63	0.17	-0.49	-0.49	0.64	0.26	0.15	0.57	0.57	0.65
Other Liab	0.93	-0.34	-0.09	0.83	0.94	-0.37	0.75	0.94	0.61	0.47	0.61	0.76	0.37	0.94	0.44		0.86	0.79	-0.8	-0.8	0.77	0.9	0.15	-0.04	0.61	0.76
Net Tangible Assets	0.96	-0.44	0.05	0.96	0.95	-0.43	0.83	0.95	0.27	0.17	0.87	0.92	-0.01	0.74	0.63	0.86		0.52	-0.77	-0.77	0.92	0.65	0.02	-0.03	0.91	0.93
Net Debt	0.66	-0.04	-0.1	0.46	0.68	-0.12	0.38	0.67	0.82	0.44	0.24	0.35	0.6	0.93	0.17	0.79	0.52		-0.53	-0.53	0.39	0.97	0.26	0.04	0.23	0.36
Cash	-0.78	0.32	-0.05	-0.75	-0.78	0.27	-0.81	-0.78	-0.43	-0.48	-0.72	-0.68	0.07	-0.67	-0.49	-0.8	-0.77	-0.53		1.0	-0.65	-0.61	-0.19	-0.09	-0.63	-0.65
Cash And Short Term Investments	-0.78	0.32	-0.05	-0.75	-0.78	0.27	-0.81	-0.78	-0.43	-0.48	-0.72	-0.68	0.07	-0.67	-0.49	-0.8	-0.77	-0.53	1.0		-0.65	-0.61	-0.19	-0.09	-0.63	-0.65
Common Stock Total Equity	0.88	-0.52	-0.15	0.92	0.87	-0.73	0.74	0.87	0.12	0.1	0.82	0.99	0.0	0.6	0.64	0.77	0.92	0.39	-0.65	-0.65		0.53	-0.06	-0.05	0.85	1.0
Non Current Liabilities Total	0.78	-0.14	-0.1	0.59	0.79	-0.2	0.5	0.79	0.78	0.44	0.36	0.5	0.56	0.98	0.26	0.9	0.65	0.97	-0.61	-0.61	0.53		0.22	0.0	0.37	0.51
Inventory	0.04	0.4	-0.38	-0.01	0.04	0.14	-0.21	0.03	0.29	0.69	-0.25	-0.12	0.27	0.14	0.15	0.15	0.02	0.26	-0.19	-0.19	-0.06	0.22		0.57	-0.17	-0.08
Other Current Assets	-0.05	0.18	-0.28	-0.05	-0.09	0.03	-0.21	-0.09	0.05	0.36	-0.06	-0.05	0.16	-0.04	0.57	-0.04	-0.03	0.04	-0.09	-0.09	-0.05	0.0	0.57		-0.14	-0.06
Property Plant And Equipment Gross	0.81	-0.52	0.22	0.88	0.81	-0.35	0.8	0.81	-0.01	-0.07	0.9	0.86	-0.34	0.48	0.57	0.61	0.91	0.23	-0.63	-0.63	0.85	0.37	-0.17	-0.14		0.86
Common Stock	0.88	-0.53	-0.13	0.92	0.86	-0.71	0.74	0.87	0.09	0.07	0.83	0.99	-0.03	0.58	0.65	0.76	0.93	0.36	-0.65	-0.65	1.0	0.51	-0.08	-0.06	0.86

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Kelt Exploration Account Relationship Matchups

Kelt Exploration balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	760.0M	913.5M	1.1B	1.3B	1.4B	1.1B
Other Current Liab	3.4M	3.5M	3.6M	4.9M	4.5M	4.2M
Total Current Liabilities	40.6M	76.6M	87.4M	91.2M	104.9M	84.6M
Total Stockholder Equity	603.7M	722.7M	901.4M	1.0B	1.2B	787.9M
Property Plant And Equipment Net	661.2M	852.3M	1.0B	1.2B	1.4B	1.1B
Retained Earnings	(518.8M)	(404.5M)	(245.8M)	(159.8M)	(143.8M)	(151.0M)
Accounts Payable	36.6M	72.5M	83.3M	85.2M	97.9M	72.8M
Non Current Assets Total	693.1M	862.8M	1.0B	1.2B	1.4B	1.1B
Non Currrent Assets Other	1.4B	1.5B	2.4M	570K	513K	487.4K
Net Receivables	19.8M	42.6M	76.5M	50.2M	57.7M	38.2M
Common Stock Shares Outstanding	188.1M	190.8M	195.5M	197.1M	226.6M	174.2M
Other Stockholder Equity	38.6M	(34.7M)	(15.5M)	(12.0M)	(10.8M)	(10.3M)
Total Liab	156.3M	190.8M	226.7M	256.6M	295.1M	348.3M
Total Current Assets	66.9M	50.7M	111.6M	76.1M	87.6M	68.0M
Other Liab	214.4M	114.9M	112.7M	127.4M	146.6M	164.2M
Net Tangible Assets	923.1M	603.7M	722.7M	901.4M	1.0B	833.2M
Net Debt	(30.1M)	1.4M	12.2M	(12.9M)	(11.6M)	(11.0M)
Cash	31.6M	719K	125K	14.3M	12.9M	7.3M
Cash And Short Term Investments	31.6M	719K	125K	14.3M	12.9M	7.3M
Liabilities And Stockholders Equity	760.0M	913.5M	1.1B	1.3B	1.4B	1.2B
Non Current Liabilities Total	115.7M	114.2M	139.3M	165.4M	148.8M	209.3M
Inventory	189K	2.8M	5.3M	2.4M	2.2M	2.1M
Other Current Assets	15.6M	7.4M	34.9M	9.2M	8.3M	16.2M
Property Plant And Equipment Gross	661.2M	1.5B	1.8B	2.1B	2.4B	1.4B
Common Stock	1.1B	1.1B	1.2B	1.2B	1.4B	1.1B
Property Plant Equipment	1.5B	661.2M	852.3M	1.0B	1.2B	1.1B
Short Long Term Debt Total	1.5M	2.2M	12.3M	1.5M	1.3M	1.2M
Long Term Debt	382.8M	0.0	1.2M	11.3M	10.2M	9.7M
Short Term Debt	684K	609K	505K	1.1M	1.0M	961.9K
Long Term Debt Total	384.4M	780K	1.5M	11.8M	10.7M	10.1M
Capital Surpluse	24.7M	38.6M	(17.3M)	(15.5M)	(13.9M)	(13.2M)
Cash And Equivalents	8.4M	31.6M	719K	125K	143.8K	136.6K
Net Invested Capital	603.7M	723.9M	912.7M	1.0B	903.3M	766.0M
Net Working Capital	26.3M	(25.8M)	24.2M	(15.1M)	(17.4M)	(18.2M)
Capital Stock	1.1B	1.1B	1.2B	1.2B	1.4B	1.3B
Current Deferred Revenue	(36.6M)	(72.5M)	(83.3M)	1.0	1.15	1.21

Pair Trading with Kelt Exploration

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kelt Exploration position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kelt Exploration will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kelt Stock

0.69	ENB-PFC	Enbridge Pref 11 Earnings Call This Week	Pair Corr
0.68	ENB-PFU	Enbridge Pref L Earnings Call This Week	Pair Corr
0.72	ENS	E Split Corp	Pair Corr
0.61	ENS-PA	E Split Corp	Pair Corr

Moving against Kelt Stock

0.56	WN	George Weston Limited	Pair Corr
0.5	BBD-B	Bombardier Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Kelt Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kelt Exploration when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kelt Exploration - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kelt Exploration to buy it.

The correlation of Kelt Exploration is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kelt Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kelt Exploration moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Kelt Exploration can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Kelt Stock

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Kelt Historical Balance Sheet

Kelt Exploration Inventory

2.05 Million

About Kelt Balance Sheet Analysis

Kelt Exploration Balance Sheet Chart

Total Assets

Total Current Liabilities

Property Plant And Equipment Net

Kelt Exploration balance sheet Correlations

Kelt Exploration Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kelt Exploration balance sheet Accounts

Pair Trading with Kelt Exploration

Moving together with Kelt Stock

Moving against Kelt Stock

Other Information on Investing in Kelt Stock

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Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding

Cash And Short Term Investments	- 0.81	Accounts Payable
Cash	- 0.81	Accounts Payable
Cash And Short Term Investments	- 0.8	Other Liab
Cash	- 0.8	Other Liab
Cash And Short Term Investments	- 0.78	Non Current Assets Total
Cash	- 0.78	Non Current Assets Total